Get Out and Stay Out! 4 Reasons Why You Need to Keep Debt Out of Your Life
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Debt... It's a 4-letter word that can be just as obscene as those other 4-letter words that aren't fit to print!
With more than 500 million credit cards floating around the U.S., buying more than we should is just so darn easy. After all, it only takes a simple swipe of the credit card or a few mouse clicks to buy that pair of shoes, fancy sweater, designer jeans, or new cell phone we think we absolutely- positively-can't-live-without.
You may always tell yourself you'll pay everything off when the credit card bill arrives, but when it does, the temptation of just paying the minimum balance is so strong.
Before you know it, you're fully engulfed in D-E-B-T.
Even if your debts are minor and you think they'll be easy to manage, here are 4 reasons why you need to get yourself out of debt - and avoid it like the plague for the rest of your life:
1. You don't want to be stressed out all the time.
Even a little bit of debt can keep you up at night or give you a headache that won't go away. And the more debt you rack up, the more stress you're going to feel. If you want to avoid all of the serious physical and emotional problems that come with stress, keep yourself out of debt. After all, daily life can be stressful enough; you don't need to heap any more stress on yourself!
2. You might end up getting divorced.
Did you know that financial issues lead to more U.S.
divorces than anything else? It's hard to believe, but it's true! Millions of couples argue over bills and debate spending vs. saving - and, sadly, many of them wind up getting divorced over it. Every marriage takes work, but you're making that work even tougher if you're letting debt get in the way of the relationship between you and your spouse.
3. Your kids may never get to go to college.
All of the money you spend on interest payments every month would be doing much more for you if it were sitting in an interest-bearing college fund for your kids. Every day you spend in debt, you're making it tougher and tougher on your kids to go to college. And the last thing you probably want is to make your kids apply for a bunch of student loans.
Then, they'll graduate in a sea of debt of their own!
4. You may never get to retire.
Do you dream of spending your golden years knitting in a rocking chair or playing golf every day? If you're immersed in debt, you may wind up working until you're 80 or 85, because you don't have a "nest egg" to live off of!
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Tony Mase is a serious student of the works of Wallace D. Wattles and the publisher of "The Science of Abundant Life" ebook by Wallace D. Wattles...
"The Science of Abundant Life" by Wallace D. Wattles "The Science of Getting Rich" by Wallace D. Wattles together with Wallace D. Wattles' "The Science of Being Well", "The Science of Being Great", "How to Promote Yourself", "The New Science of Living and Healing", and "Hell-fire Harrison".
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